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Item 18 - Approve a Pre-Commitment for HOME Program Funds
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Item 18 - Approve a Pre-Commitment for HOME Program Funds
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2/26/2025 11:45:44 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
18
Date
3/4/2025
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<br /> <br /> <br /> <br /> Developer will have a local preference for families who live or work in the City of <br />Santa Ana in the selection of qualified Low and Moderate-Income Households in <br />compliance with Santa Ana Municipal Code Section 8-3500. The local <br />preference will be applied after all existing residents have the opportunity to <br />exercise the right of first refusal. <br /> <br /> Developer will ensure that each “Program Participant” (used interchangeably <br />with “Homebuyer”) means the selected eligible person or family who will be <br />purchasing a house. Each Program Participant will provide voluntary work as <br />sweat equity or any other administrative work as may be designated by the <br />Developer. Each Program Participant is to be selected by the Developer as more <br />fully set forth in its Affordable Homeownership Program. The City shall have the <br />right to review and approve the sweat equity requirements and related criteria <br />(including a residency preference for Santa Ana residents or workers) applied <br />through the Affordable Homeownership Program. <br /> <br /> Developer will comply with the City’s Community Workforce Agreement and <br />union labor will be used for all necessary upgrades when volunteer labo r is not <br />used. <br /> <br /> Developer will provide existing tenants with the right of first refusal to purchase a <br />unit, provided they meet the eligibility requirements for Habitat for Humanity’s <br />Affordable Homeownership Program and the City of Santa Ana’s Down Payment <br />Assistance Program; provided, however, Developer shall at all times comply with <br />the Relocation Laws. If an eligible and qualified household exercises the right of <br />first refusal, Developer shall sell the Affordable Unit to that household. <br /> <br /> Developer shall comply with all requirements of the California Building Code. If <br />the Project requires a building permit that is subject to Chapter 11B of the <br />California Building Code, including but not limited to any requirements for "public <br />housing" under Section 11B-233.3, then Developer shall comply with applicable <br />requirements of the California Building Code. <br /> <br /> At the close of escrow for the purchase of each affordable unit, the City will <br />require each household purchasing such unit to execute all documents and <br />instruments required by the City's Down Payment Assistance Program. <br /> <br /> The MOU shall set forth the terms and conditions for disbursement of the <br />Conditional Relocation Allocation. All disbursements of the Conditional <br />Relocation Allocation shall be subject to compliance with the Relocation Laws, <br />and disbursed only on a reimbursement basis after the City has been provided <br />reasonable documentation of compliance with the Relocation Laws. <br /> <br />General Provisions: <br /> <br />The City's obligation to provide the City Assistance to the Project is subject to each of <br />the following conditions: <br /> <br />EXHIBIT 4
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